Trade credit in the UK construction industry
Examines the trade credit to UK construction firms and how they use it to support operations. BIS research paper 118.
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Research commissioned by the Department for Business, Innovation & Skills (BIS) to inform analysis for the 鈥業ndustrial Strategy for Construction鈥�.
It explores the availability of trade credit for UK construction firms and how they rely upon it to support their operations. It looks at:
- how companies in the construction sector finance their work
- how finance structures within the construction sector compare to those of the economy as a whole
- how the way construction companies fund themselves differs between main contractors and subcontractors, and by size of firm
- whether the structure of construction industry finance significantly altered since the financial and banking crisis
It makes recommendations on the implications of these findings for companies in the construction sector.